An employer identification number (EIN) is issued by the Internal Revenue Service (IRS) to identify a business for tax administration purposes. It’s also used to complete some core business tasks, ...

A tax ID for business, also referred to as an Employer Identification Number (EIN), is a unique nine-digit number used to identify the tax account of a business entity. An EIN works much like a Social ...

One of the primary distinctions between a business license and a tax ID number is that of obligation. Some licenses are legal requirements while other licenses or a tax ID number may be optional. A ...

The majority of business owners have an SSN and an EIN. ITINs, on the other hand, have a specific use case. Many, or all, of the products featured on this page are from our advertising partners who ...

Sole proprietors and single-member LLCs without employees don’t always need EINs, but there are benefits to getting one. Many, or all, of the products featured on this page are from our advertising ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

The Internal Revenue Service needs to do more to prevent inactive Employer Identification Numbers from being used to commit business identity theft and tax fraud, according to a new government report.

A federal employer identification number (EIN), also sometimes referred to as a tax identification number, is a nine-digit code that businesses use to identify themselves for tax reporting, banking, ...

A 9-digit number obtained by a business with paid employees from the IRS. If you're a sole proprietorship, your EIN is your social security number. If you have one or more employees, you’re required ...